Market Not Held Order Also a market order, but the investor is allowing the floor broker who is executing the order to use his own discretion as to the exact timing of the execution.
Market Not Held Order A market order that gives the floor trader discretion to execute the order when he/she feels it is ideal. Market Order An order to be executed immediately upon being entered at the best price possible.
Not held order (NH order) Applies mainly to international equities. Market or limit order in which the customer does not desire to transact automatically at the inside market (market held) but instead has given the trader or floor broker (listed ...
Typically, one option would be bought while another would simultaneously be sold. Spread orders may be limit orders, not held orders, or orders with discretion. They cannot be stop orders, however. The spread order may be either a debit or credit.
Spread Order An order to simultaneously transact two or more option trades. Typically, one option would be bought while another would simultaneously be sold. Spread orders may be limit orders, not held orders, or orders with discretion ...
Top Indicates the higher price one is willing to pay for a stock in an order; implies a not held order.
See also: Options, Trading, Security, Option, Equity
 
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